Gov’t welcomes 49th oil discovery in Stabroek Block

(Press release from Natural Resources Ministry) – The Ministry of Natural Resources is pleased to announce an oil discovery at the Bluefin well in Guyana’s Stabroek Block, making it the first discovery of 2024.

Located approximately 8.5 kilometres southeast of the Sailfn-1 well, Bluefin encountered approximately 197 feet (60 metres) of hydrocarbon-bearing sandstone.

The well was drilled by the Stena Drillmax drillship in 4,244 feet (1,294 metres) of water.

Bluefin joins the other discoveries made in the prolific Stabroek Block from 2015 to date. The Government of Guyana reaffirms its commitment to prudently managing the nation’s oil and gas sector for the upliftment of all of its citizens.